Building decentralized digital identities for the world…Namecoin Block Explorer…
Usage NFT domains as your:
Universal username throughout websites and apps
Website URL
Payment address for wallets
and far more!
When sending cryptocurrencies to yourself or others, the problem that frequently develops is confirming that you have the right address, since it is a complicated string of numbers and letters, even doing a copy and paste most likely lead to you thoroughly validating that everything pasted properly, although it should have.
This is where Unstoppable Domains intends to help drive adoption of crypto with their blockchain domains. These domains can not only be utilized as fully functional webpages, with decentralized applications (dApps) built-in, however also as a payment hub address where users can get over 275 different crypto coins and tokens. By offering complex crypto addresses a human understandable name, Unstoppable Domains aims to be the domain addresses of the future.
Unstoppable Domains Pros & Cons
Pros
One-time purchase of domain
Streamlines way in which people engage with crypto addresses
Censor resistant domain stored in your wallet
More performance than traditional domains
Supports 276 crypto properties
Cons
Need to spend ETH to claim domain
Still some concern regarding whether Unstoppable Domains will achieve prevalent adoption
Some domains are still pre-sale just
What is Unstoppable Domains?
Unstoppable Domains was founded in 2018 by Matthew Gould, the present CEO, who saw a requirement for it to be easier for users to communicate with crypto addresses. The objective of Unstoppable Domains is to be like the DNS system that entered into location, so users did not have to discover IP addresses in order to get to websites, except for crypto addresses.
In this way they have succeeded significantly, as they have actually created a domain system that allows users to set up payments for 276 digital assets under a single domain name, while likewise being able to be used as a totally working site that can even have dApps developed onto them since the domain is hosted on the blockchain. With a single payment and no annual renewal charges, Unstoppable Domains is an appealing tool for crypto users.
Is Unstoppable Domains Safe?
Unstoppable Domains is very safe because once claimed the domains exist under your address on blockchain, suggesting they are as secure as the blockchain itself.
It is two times as safe since this also implies that the domain can not be blocked by anybody besides you, so your site is never at risk of being down due to censorship. The site for buying the domains is safe too and can be protected with two-factor authentication.
How Much is Unstoppable Domains?
The expense of Unstoppable Domains depends on a two primary aspects, though it ought to be noted that buying a domain is a one-time expense and requires no yearly renewals of any sort.
The very first aspect is the expense of the domain itself, this can range from $20 USD to well over $1000 USD depending upon the domain you select, as expense is based upon domain type (. crypto is more than.wallet for example), and the length of the domain name, with shorter domains costing additional. In addition, there are exceptional domains that cost 10s of thousands. Namecoin Block Explorer
The next aspect is the gas costs related to utilizing the Ethereum blockchain to declare your domain, since the domains are kept on the Ethereum blockchain, the transaction to declare them comes in ETH and is not included in your initial purchase. The gas costs you will pay will depend upon the present expense of ETH and the network congestion at the time of the transaction. In general you can get most likely yourself a cheap.crypto domain and claim it for under $50 overall.
What Are the Best Features Namecoin Block Explorer
There are a couple of features of Unstoppable Domains that stand out. The fact that it is a one-time purchase with no yearly renewal is exceptionally appealing thinking about the way standard domain ownership works, and in addition, the domain is censor resistant, meaning it can not be taken down by anybody besides the owner.
The domains also have more functionality than standard domains because they can be used to a payment router, however also utilized to produce websites with dApps developed straight on them due to the fact that they exist on the blockchain, allowing the use of clever agreements on your website.
Maybe the very best and most attractive feature of Unstoppable Domains is that is offers you a way to have one address for you to get 276 various crypto assets, implying as soon as you set it up you will just ever require to know your domain and your payments will be routed to the wallets you established for each cryptocurrency. It is much easier not only for you, but for anyone who you want to receive funds from.
unstoppable domain names who developed that trademark name great a plus so unstoppable domain is a san francisco-based company that is supplying domain name extensions that are connected to the blockchain instead of being connected to the dns system specifically you can get a dot crypto which is connected to the ethereum blockchain or you can get a zillow domain name extension which is tied to the silica blockchain which is an alternative to ethereum the benefit of using these blockchain based domain name extensions is just that they are decentralized so the dns system is managed and run by icann so anything constantly needs approval from that governing body but something like a dot crypto or zillow these are based upon the blockchain and they are just entirely decentralized so there’s no governing body there’s absolutely nothing that requires any type of approval or authorization you as the owner own your domain name so in this video i wish to discuss to you everything that you require to referred to as a novice about unstoppable domain make sure to check the links in the description for time stamps and any resources mentioned in this video so let’s begin how does domain registration really work i think people are going to be rather stunned that it’s method more complicated and
technical than you imagined so when you go to somewhere like namecheap.com or godaddy.com you’re not in fact purchasing the domain name what you’re doing is you’re releasing the domain name through a icann licensed domain register why do i say i can accredit because you can’t get your domain straight from i can which is again the not-for-profit organization that manages the dns system you need to go through an icann licensed domain register in order to get a domain which’s simply how it works like you resemble why do i need to do that i do not know why asking me those are just the guidelines which’s what people have actually been doing for the last few decades in order to get a domain so that’s why you need to pay an annual charge on your domain because you’re not in fact buying an owning domain what you’re doing is renting their domain name so you’re going to namecheap.com to get your.com what they’re doing is then they’re going through the computer registry that handles that domain name extension which is then completely handled and organized by icann broadly speaking so like when you get it.com.net.org the computer registry for that extension is a verisign for instance so all these different domain extensions have different windows registries and the role of the computer system registry is just to manage the administrative information for that particular domain name nft domain versus the standard dns system what’s the difference well the standard dns system is a central system as i mentioned earlier based around icann so you have icann you have your domain computer system registries then you have your icann certified domain name registrars nfts by contrast are non-fungible tokens non-fungal significance like you can’t jump in and change it but like what does that particularly suggest a non-fungible token is just a piece of data discovered on a blockchain that is verifiable and represents a distinct digital item in this instance our domain names dot crypto versus dot zill what’s the difference with these 2 so if you jump over to unstoppabledomainnames.com link in the description you’re going to find out that you can’t geta.com.net.org why well you can’t you need to currently type of know why since those are managed by verisign
which is a domain windows registry which is handled by icann that belongs to the dns system that’s why you can’t get those types of domain names through unstoppable domain you can just get blockchain based domain names right now they only have a dot crypto in dot zo at the time of recording this video the main difference is that these two are connected to different block chains that’s it so you have your dot crypto which is tied to the ethereum blockchain you have your dot zill which is connected to the silica block durian blockchain is way more developed and you have a little bit more features and services built around uh at the ethereum blockchain with a dot crypto domain name than you make with a dot zill however functionally speaking they are the same individualized crypto addresses that can be set up as a payment entrance so this is the main feature of unstoppable domain names clearly gradually as like we have actually decentralized webhosting establish gradually it will be possible to utilize like a decentralized domain name and a decentralized web host to produce your own decentralized website currently it’s not actually possible i imply you can do it however it’s pretty technical uh but what’s more crucial is that you can set up your dot crypto address or your dot zill address as a payment gateway so what a lot of beginners i believe do not understand resembles when you have actually bitcoin you need to send it to a specific bitcoin address if you have white coin you need to send that to a litecoin address if you have bitcoin money you have to send it to a bitcoin cash address therefore it gets to be a little bit of a headache of handling all these different addresses and if you wish to get payment from particular people you have to provide this address and this address and this address it’s truly a headache like what if there’s just some way to combine whatever into something that’s a little bit more rational easy to use and simple to remember that’s the advantage of using unstoppable domain and setting up something like dot crypto dot zill as a payment gateway since then you can get payments and of all various types of cryptocurrency to one address due to the fact that when you get everything set up you simply jump into your unstoppable domain account and then you can include your different wallets for your various cryptocurrencies s.
Possible Dealbreakers.
There is only one genuine potential dealbreaker when it concerns utilizing Unstoppable Domains, and that is the expense of declaring your domain with Ethereum.
This may only be a dealbreaker since you do not have any Ethereum at your address and require to purchase some in order to claim your domain, or if for some reason you believe it is unreasonable to pay the gas fees. Nevertheless, this is a one-time deal charge, and unless you choose to sell/transfer your domain to someone else it will be the additional cost associated with getting your domain. Namecoin Block Explorer